Financial Safety for Vulnerable People

Having worked previously for some of the largest Brokers in the world, the team has over 50 years’ experience in the security bond market and brings knowledge and expertise to this niche area.

APPOINTEE BONDS

Bond costs £35 a year

We have developed a brand new security Bond specifically for Claimants and Appointees.

The Bond offers £16,000 of cover in the event of misappropriation by the Appointee.

  • Simple online application
  • Valid claims paid within 7 working days
  • Access to 24 hour legal helpline

DEPUTY BONDS

One-off premiums from £30

The Bond safeguards the assets and estates of “P” from financial losses suffered by them as a result of the failure of the Deputy to perform the agreed duties expected by the Public Guardian.
  • Various payment options
  • Free retrospective cover
  • Simple online application

POWER OF ATTORNEY BOND

Bond due to launch shortly

The Bond will provide financial safety for a Donor/Granter whilst a Power of Attorney is active, giving protection and peace of mind when someone else is given financial control over their affairs.

The Bond will offer cover up to £50,000 with a only one-off payment charged.

  • Simple online application
  • One-off payment only
  • Valid claims paid within 7 working days

We’ll explain and manage the bond application from start to finish

We pride ourselves on customer service.  We are always here to help, not only during the bond application but also throughout the lifetime of the bond.

FAQs

Bond applications can be made by Lay or Professional people.  A ‘Lay’ person will be a family member, friend or relative, who does not raise invoices for their time and is not covered by a professional indemnity insurance policy.

A professional person will be paid formally for their services, raise invoices for their time and will be covered by a professional indemnity insurance policy for their work.

If a claim is required on a bond, please inform us as soon as possible.  For the Appointee and LPA Bond a claim form will need to be completed.  Please also inform the appropriate government agency (Office of the Public Guardian, local safeguarding team etc).

For Deputy Bonds the Court of Protection investigates if a claim is required and issues a Court Order to call in the bond.

Upon payment of the premium the Bond will be deemed to have been in force from the date of your appointment, with all previous activities automatically being covered by the Bond. 

This cover may not apply in all scenarios. Please refer to the terms of the bond, along with the important information and key facts documents.

We understand that there are a lot of questions about how Bonds work and how they can be set up. To find out more information visit our Frequently Asked Questions page.

Apply for your bond online today

The bond can be purchased via our online application system.  The application will only take a few minutes with confirmation documents sent by email.  You will then receive a payment invoice with details of the payment options available.

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